Price for Bromides; of Sodium or of Potassium in Kuwait - 2022

Contents:

  1. Price for Bromides; of Sodium or of Potassium in Kuwait (CIF) - 2022
  2. Imports of Bromides; of Sodium or of Potassium in Kuwait

Price for Bromides; of Sodium or of Potassium in Kuwait (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $12,073 per ton, picking up by 233% against the previous year. Overall, the import price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of 352% against the previous year. Over the period under review, average import prices reached the peak figure at $16,096 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($27,238 per ton), while the price for India ($3,429 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Bromides; of Sodium or of Potassium in Kuwait

In 2022, the amount of bromides; of sodium or of potassia imported into Kuwait skyrocketed to 6.1 tons, increasing by 139% compared with the previous year. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 2,563% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of bromides; of sodium or of potassia skyrocketed to $74K in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,018% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Bromides; of Sodium or of Potassium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.460.314975.0%
Saudi ArabiaN/AN/AN/A12.80%
IndiaN/A0.2N/A0.673.2%
Germany26.60.20.9N/A-81.6%
United Arab EmiratesN/AN/A6.8N/A0%
Others0.50.51.1N/A48.3%
Total27.00.89.373.639.7%

Top Suppliers of Bromides; of Sodium or of Potassium to Kuwait in 2022:

  1. Saudi Arabia (3.7 tons)
  2. China (2.2 tons)
  3. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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